Quarterly report pursuant to Section 13 or 15(d)

BASIC AND DILUTED NET LOSS PER SHARE

v3.22.2.2
BASIC AND DILUTED NET LOSS PER SHARE
9 Months Ended
Sep. 30, 2022
Earnings Per Share [Abstract]  
BASIC AND DILUTED NET LOSS PER SHARE BASIC AND DILUTED NET LOSS PER SHARE
Basic and diluted net loss per share attributable to common stockholders was calculated as follows:
Three months ended September 30, Nine months ended September 30,
2022

2021 2022

2021
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
Numerator:
Net profit (loss) (11,832) (259) (14,981) (3,854)
Accretion of preferred stock to redemption value —  (8,189) —  (52,993)
Net profit (loss) attributable to common stockholders - basic and diluted
$ (11,832) $ (8,448) $ (14,981) $ (56,847)
Denominator:
Weighted-average number of stock used in computing net loss per stock attributable to common stockholders
Basic weighted average number of shares outstanding 132,959,511  18,849,710  129,768,724  13,157,022 
Diluted weighted average number of shares outstanding 132,959,511  18,849,710  129,768,724  13,157,022 
Net profit (loss) per stock attributable to common stockholders –
Basic $ (0.09) $ (0.45) $ (0.12) $ (4.32)
Diluted $ (0.09) $ (0.45) $ (0.12) $ (4.32)
Net loss per share calculations and potentially dilutive security amounts for all periods prior to the Transaction have been retrospectively adjusted to the equivalent number of shares outstanding immediately after the Transaction to affect the reverse recapitalization.
The Company excluded the following potential common shares, presented based on amounts outstanding at each period end, from the computation of diluted net profit (loss) per share attributable to common stockholders for the periods indicated because including them would have had an anti-dilutive effect:
Three months ended September 30, 0 Nine months ended September 30,
2022

2021 2022

2021
(Unaudited) (Unaudited) (Unaudited) (Unaudited)
Preferred stock —  73,690,340  —  73,690,340 
Unvested RSU outstanding 7,827,545  —  7,827,545  — 
Options outstanding 11,241,174  11,774,686  11,241,174  11,774,686 
Warrants outstanding 10,222,500  680,271  10,222,500  680,271